Year Net Income* ROCE**
2015 $16,150 7.9
2016 $7,840 3.9
2017 $19,710 9.0
2018 $20,840 9.2
2019 $14,340 6.5
2020 ($22,440) (9.3)
2021 $23,040 10.9
2022 $55,740 24.9
2023 $36,010 15.0
2024 $33,680 12.7
2025 $28,884 9.3
Tough to keep increasing executive compensation every year while cutting employee compensation with numbers like that. Oh wait never mind we pay the consultants to benchmark and get the answer we want
Agree on this, the ROI in the company is shocking now. Projects are too expensive, and margin is too low.
Easy to get big earnings on big revenue. Do you see where capitalism is driving you all?
Our target ROCE historically used to be between 20 and 25% Return on Capital Employed. To see ROCE consistently below 10% is shocking.
So? It doubled or turn negative doesn’t affect us. I am sure many echoes a share my view.